4Front Wins European Contracts Worth $12 Million
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4Front Technologies Wednesday announced winning three contracts in Europe for networking, infrastructure and support services which together are worth over $12 million.
The largest contract of the three, worth $9 million alone, is between an Italian private sector organization and 4Front's Italian operation.
Of the three contracts, two are in Italy and one in France. The largest is with the Istituto Nazionale per L'Assicurazione contro gli Infortuni sul Lavoro (INAIL), an organization that helps to operate Italy's state welfare system.
A second 4Front project in Italy is to supply networking services to Telecom Italia, worth around $1.6 million over the next year.
"A year ago only 6 per cent of 4Front's business was done in Continental Europe. Now, approximately 45 per cent of 4Front's business is carried out in Continental Europe. The INAIL contract is clearly significant, as it is our largest contract yet and it was won in partnership with worldwide technology leaders," said Anil Doshi, chairman and CEO of 4Front.
4Front has secured its new business by working with industry partners such as IBM, Siemens and Compaq. The contract with the French Gendarmerie was a direct result of working with Siemens in France.